Kaap Agri published their maiden interim results. Revenue for the period came in at R3.411 billion, gross profit was R589.9 million, operating profit was recorded at R260.9 million, profit for the period attributable to equity holders of the holding company was R156.2 million, while headline earnings per share came to 220.97 cents per share. Dividend
A gross interim dividend of 32 cents per share has been approved and declared by the board from income reserves, which represents an 8.8% increase on the previous interim dividend. The interim dividend amount, net of South African dividends tax of 20%, is 25.60 cents per share for those shareholders that are not exempt from dividends tax.
- Reuters